America’s Future can be seen today?
Posted in the Jacksonville Forum
“Just Add Obama ”
Since: Mar 08
#1 Dec 12, 2012
We often wise we could see into the future, well maybe in this instance we can by looking no further than Detroit.
We often hear that trickledown economics does not work and that it is trickle up economics that is the answer. Quoting President Obama "Our economic success has never come from the top down," said Obama. "It comes from the middle out. It comes from the bottom up."
Let us look at some Facts form the Government.
By current calculations, Detroit faces obligations over the next six months that exceed its revenues by $47 million. The city, the Free Press reported, now pays $1.08 in benefits to municipal workers and retirees for every $1.00 it pays in salary.
What happened to Detroit? It is achieving socialism in one city.
Traditional two-parent families and the productive taxpaying citizens they produce have fled. In 1950, according the U.S. Census Bureau, Detroit had 1,849,568 people and was the fifth-largest city in the nation. By 2000, its population had dropped to 951,270; by 2010, to 713,777; and by 2011, to 706,585.
What has happened to the people who remain? The Census Bureau estimates there are 563,055 people age 16 or older in the city who could potentially work and be part of the labor force. But only 54.3 percent of these — or 305,479 individuals — actually do participate in the labor force, meaning they either have a job or are looking for one.
Another 257,576 of Detroit residents age 16 or older — 45.7 percent of that demographic — do not participate in the labor force. They do not have a job, and they are not looking for one.
In fact, these 257,576 people in Detroit who do not have a job and are not looking for one outnumber the 224,846 residents who do have jobs. But of the 224,846 residents who do have jobs, 34,500 — or 15.3 percent — have jobs with the government. Thus, this city that boasted 1,849,568 residents in 1950 has only 190,346 private-sector workers today.
There are 264,209 households in Detroit, and 91,204 of them — or 34.5 percent — get food stamps.
Very few of the people who are staying out of the labor force in Detroit are staying out because they are stay-at-home moms with working husbands. Of the 264,209 households in Detroit, only 24,275 — or 9.2 percent — are married couple families with children under 18. Another 78,438 households — or 29.7 percent of the total — are "families" headed by women with no husband present. Of these, 43,742 have children under 18.
There were 12,103 babies born in Detroit in the 12 months prior to the Census Bureau survey, and 9,124 of them — or 75.4 percent — were born to unmarried women.
Of the 363,281 housing units in Detroit, 99,072 are vacant. Indeed, vacant houses have become a powerful visual symbol of what advancing socialism has done to the city. Traditional family life is nearing extinction in this once vibrant corner of America.
Based on these numbers, if you believe in” trickle up economics” Detroit should be freaking booming. High Taxes, Large government Spending Detroit should be the Bench Mark of other Cities…..Well we know the problem can’t the economic policies and theories of government, LOL!!!!
#2 Dec 12, 2012
We have a system of crony capitalism that keeps the politicians rich along with their corporate counterparts... Its not a trickle up or down economy as you think.. Its the accumulation of wealth with mandated laws and unjust wars where, politicians, insurance companies, bomb makers and military contractors are making a killing...
If you want to look into the future, you must first except the realities of the world today...
“Just Add Obama ”
Since: Mar 08
#3 Dec 14, 2012
“If you want to look into the future, you must first except the realities of the world today”
Wow dolander what a profound statement. So let’s look at Detroit as a reality of today. Has been ran by the same political ideals for nearly 50 years. The politicians with those ideas are very close and cozy with corporate counterpart Union and Businesses. For those 50 years the voters of Detroit has in large majorities has applauded those political ideals and the politicians who pushed them. Well except for the minority voters who because they have options have gotten the hell out of dodge and now the ones who have voted for it are dealing with it.
I pretty sure you will disagree with me on this dolander. The cure for “crony capitalism” which is what we have in far too many levels of government today, is not socialism, communism or some other ism, the cure is Real capitalism were the government, business and citizens share equal responsibility. Unfortunately the voters are unwilling to administer the cure. Right now the vast majority of citizens would prefer that one of the other two do it for them.
#4 Dec 14, 2012
You live in the dark, my friend..
Crony capitalism IS socialism, and it is to wide of a spread for it to be cured with a vote.. Crony capitalism exist on state and city governments as well..
"Crony capitalism is a term describing an economy in which success in business depends on close relationships between business people and government officials. It may be exhibited by favoritism in the distribution of legal permits, government grants, special tax breaks, or other forms of dirigisme. Crony capitalism is believed to arise when political cronyism spills over into the business world; self-serving friendships and family ties between businessmen and the government influence the economy and society to the extent that it corrupts public-serving economic and political ideals."
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